Ch•flty A•ilrtr•tlon No, 1178fjJJ Cornpony fl•ilitratlon No, CE014417 Ilniland and Wal•J) THE BENJAMIN PRITCHARD FOUNOJTffjCIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMEKrs FOR THE YEAR ENDEO 31 MARCH 2025 BUSINESS ADVISORS &ACCQUNTANTS Flrst Floor, Premler House 127 Duckmoor Road Ashton Gate Brlstol Unlted Klngdom BS3 28J THE BENJAMIN PRITCHARD FOUNDATION CIO coKrENTS Page Company information -.IJOl 3.9 Trustee's report r4 ar.47 Independent examiner's report Statement of financial activities Balance sheet Notes to the financial statements 7-11 THE BENJAMIN PRITCHARD FOUNDATION CIO COMPANY INFORMATION Trustees D J Harman S J Pritchard ', S L Prftchard K Tudor Charity number 1178933 Company number CE014427 Registered office 3 Gardner Road Portishead Bristol United Kingdom BS20 7ER Independent examiner TC Group First Floor, Premier House 127 Duckmoor Road Ashton Gate Bristol United Kingdom BS3 2BJ THE BENJAMIN PRITCHARD FOUNDATION CIO TRUSTEE'S REPORT (INCLUDING DIREcfoRS' REPORn FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and financlal statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in riote I to the financial statements and comply with the charity's governing document, and "Accounting and Reporting by Charities: Statement of Recommended Practice appllcable to charities preparing their accounts in accordance with the Financial Reporting Stsndard appllcable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing from l January 2016) Objectlves and artivities The objects of the CIO are for the benefit to preserve and protect the physical and mental health of bereaved parents, their families and the public generally coping with the personal loss of a child under the age of 18 and children with a terminal illness through end of life care, in the west of England and surrounding areas by the provision of such support as the trustees deem appropriate. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and performance Financial review It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintsined at a level equivalent to between three and six month's expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charitvs current artivities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintsined throughout the year. The Trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. Strurture• governance and management The charity Is controlled by its governing document, a deed of trust, and constitutes a charitable incorporated organisations as defined by the the Charities Act 2011. The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: D J Harman S J Pritchard S L Pritchard K Tudor None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up. The Trustee's report was approved by the Board of Trustees. D J Harman Trustee THE BENJAMIN PRifcHARD FOUNDATION CIO TrUSTEE'S REPORT (INCLUOING DIRECTORS, REPORn (coKnNUED) FOR THE YEAR ENDED 31 MARCH 2025 Ik[111201S IJ THE BENJAMIN PRITCHARD FOUNDATION CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BENJAMIN PRITCHARD FOUNDATION CIO I report to the Trustees on my examination of the financlal statements of The Benjamin Pritchard Foundation CIO (the tharity) for the year ended 31 March 2025. Responsibilltles and basis of report As the Trustees of the charity you are responsible for the preparation of the financial ststements In accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2(X)6 Act and are eligible for independent examination, I report in respect of my examination of the charl￿S finanaal ststements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 ACL Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 386 of the 2CK)6 Act; or the financial statements do not accord with those records. or the financial ststements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in thls report in order to enable a proper understanding of the financlal statements to be reached. TC Group First Floor, Premier House 127 Duckmoor Road Ashton Gate Bristol BS3 2BJ United Kingdom THE BENJAMIN PRITCHARD FOUNDATION CIO STATEMENT OF FINAf4aAL ACTNMES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDEUJI MARai 2025 Unrestrfrted Unrestrfcted fvnds fvnds 2025 2024 Notes Income from: t)onations and legacies Investments 98,299 W 51th1 . . 6,374 89,550 Total income 104,673 89,550 Expendlture on: Raising funds Charitsble activities 20,530 63,207 12,810 40,183 Total expendlture 83,737 52,993 Net income and movement In fvnds 20,936 36,557 Reconaliatlon of funds: Fund balances at l April 2024 102,866 66.309 Fund balances at 31 March 2025 123,802 102,866 The ststement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. THE BENJAMIN PRITCHARD FOUNDAnON CIO BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notes Flxed assets Tangible assets 11 283 378 Cash at bank and In hand 124,113 103,054 Credltors: amounts falllng due wlthln one year 12 (594) (566) Net current assets 123,519 102,488 Total assets less current Ilabilities 123,802 102,866 The fvnds ofthe tharlty Unrestricted funds 13 123,802 102,866 123,802 102,866 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025. A)I The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtsin an audit of its financial statements for the year in question in accordance with section 476. These financial ststements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on .... D J Harman Trustse Company registration number CE014427 (England and Wales) THE BENJAMIN PRITCHARD FOUNDATION CIO P40TES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 AccOun￿n8 pollcles char.rty infonnation The Benjamin Pritchard Foundation CIO Is a private company limited by guarantee Incorporated In England and Wales. The registered office is 3 Gardner Road, Portlshead, Bristol, BS20 7ER, Unlted Kingdom. 1.1 Accounting conventlon The financial statements have been prepared In accordance with the tgoverning document, thé Companies Art 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to tharities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing from l January 2016). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provislons in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 , Incoming resources Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations and fundraising income are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known. the legacy is treated as a contingent asset. 1.3 Resources expended Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measures reliably. Expenditure is accounted for an accruals basis and has been classified under headings that aggregated all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. IA Tanglble fixed assets Tanglble fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciatlon and any impairment losses. Depreciation is recognlsed so as to write off the cost or valuation of assets le5S their residual values over their useful lives on the following bases: Fixtures and flttlngs 25% Reducing balance THE BENJAMIN PRITCHARD FOUNDATION ao NOTES n) THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accourtin( policles (Cofrtlnued), 1.5 Fund accountlnz Unrestricted funds can be used in accordance wlth the charitable objertlves at the discretion of the trustees. Restrirted funds can only be used for particular restricted purposes wlthin the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial ststements. Income from donatlons and legacles Unrestrirted funds 2025 Unrestricted funds 2024 16 Donations and gifts Grants Other 36,163 16,982 58,136 72,568 98.299 89,550 ri Income from Investments Unrestrlrted Unrestrlrted funds fvnds 2025 2024 Interest recelvable 6,374 Expendlture on ralslng funds Unrestrlcted Unrestrlcted funds funds 2025 2024 Fundralslng and publlclty, Staging fundraising events 20,530 12,810 THE BENJAMIN PRITCHARD FOUNDATION CIO No7￿ TO ThE ANANaAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Charltsble actlvftles 2025 Charftable actlvltles 2024 Support services 61,389 37,867 Share of support and governance costs (see note 6) Support Governance 1.226 592 1,750 566 63,207 40,183 Analysls by fund Unrestricted funds 63,207 40,183 Support costs allocated to activities 2025 2024 Depreciation Computer costs Printing postsge & stationary Professional subscriptions Insurance Travel & subsistence Governance costs 95 297 29 420 385 126 229 563 426 38 566 592 1,818 2,316 Analysed between: Charitable activities 1,818 2,316 Net movement in funds 2025 2024 The net movement in funds Is stated after charging/(crediting): Depreciation of owned tangible fixed assets 95 126 THE BENJAMIN PRITCHARD FOUNDATION CIO NOIES TO THE FINANaAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Trustees None of the Trustees (or any persons connected with them) recelved any remuneration or benefrts from the charity during the year. Employees There were no employees durin8 the period. 10 Taxation The charity is exempt from tsxation on its actlvlties because all its income Is applled for charitsble purposes. 11 Tangible fixed assets , Flxtures and Cost At l April 2024 734 At 31 March 2025 734 Depreciation and impairment At l April 2024 Depreciation charged in the year 356 95 At 31 March 2025 451 Carrying amount At 31 March 2025 283 At 31 March 2024 378 12 Credftors: amounts falling due wlthln one year 2025 2024 Accruals and deferred income 594 566 10- THE BENJAMIN PRITCHARD FOUNDATION CIO NOTES TO THE FINANaAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The unrestrfrted fvnds of the charity comprise the unexpended balances of donations and grants which are not subject to specific condltlons by donors and grantors as to how they may be used. These include designated fvnds which have been set aside out of unrestrirted funds by the trustees for specific purposes. At l Aprll 2024 Incomlng Resources At 31 March resources expended 2025 General funds 102,866 104,673 (83,737) 123,802 Previous year: At l Aprll 2023 Incomlng resources Resources At 31 March expended 2024 General funds 66,309 89,550 (52,993) 102,866 14 Related party transartlons There were no disclosable related party transartions during the year (2024- none). 11